Luxury

Powered by Geothermal, Community Changes Hands for $72M

C&A Cos. and Commonwealth Group sold the 288-unit Elements at Prairie Center, located in Brighton, Colo., which taps into heat from the earth.

Downtown San Jose Project Scores $67M Financing

Acquity Realty Inc. has received the joint venture equity and construction financing for The Firestone, a 130-unit apartment community with retail space in the downtown SoFA District.

Allied Orion to Manage Colorado Springs Apartments

Etkin Johnson Real Estate Partners expects construction of the Class A luxury property to be complete in October 2019.

South Florida Community Trades for $59M

Bell Partners acquired Overlook Pointe, a 249-unit, Class A apartment asset located less than 5 miles from downtown Boca Raton.

KETTLER Pays $119M for Raleigh-Area Apartments

Pacific Life Insurance provided the buyer of the newly completed 493-unit Class A multifamily asset with $76 million in acquisition financing.

Terra Group Scores $91M Refi for South Florida Community

The recently completed, 387-unit luxury property forms part of Pines City Center, a master-planned village in Pembroke Pines.

$80M Luxury Project Coming to St. Louis Metro

NorthMarq arranged $54.5 million debt and joint venture equity financing for the construction of Wildhorse, an upscale mixed-use property in the St. Louis suburb of Chesterfield, Mo.

Newmark Knight Frank Closes $59M Orlando-Area Sale

Senior Managing Director Scott Ramey and Executive Managing Director Kevin Judd represented Centennial Holding Co. in the disposition of the 304-unit luxury community.

Spectrum Sells Charlotte Apartments for $63M

The sale of the 322-unit Class A community is the seller’s second disposition of a recently delivered asset in the Carolinas this summer.

Cushman & Wakefield Represents Fifield Cos. in Chicago Deal

Jason Stevens and Todd Stofflet arranged the sale of Luxe on Chicago and secured one of the highest per-unit prices in the city’s West Town neighborhood.